Evergent Investments, a financial company listed on the Bucharest Stock Exchange (BVB), has announced the development of a new mixed-use project in Iași with an estimated value above €100 million.
The project will be developed on a land plot of 2.56 hectares in the central part of the city. The investor has secured an urban zoning plan (PUZ) for the scheme that will include residential, office and commercial components. Evergent will invest in 850 apartments, 16,765 sqm of offices, 4,191 for commercial facilities, while green spaces will span 6,000 sqm.
Evergent manages assets of around 2.5 billion lei (€505 million) and a market capitalization of 1.1 billion (€222 million).
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